Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Announces $0.15 Monthly Dividend

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) declared a monthly dividend on Monday, August 31st, TickerTech Dividends reports. Investors of record on Tuesday, September 15th will be paid a dividend of 0.15 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, August 31st.

Boardwalk Real Estate Investment Trust Stock Up 0.7%

Boardwalk Real Estate Investment Trust stock opened at C$64.01 on Friday. The company’s 50-day moving average price is C$65.37 and its two-hundred day moving average price is C$65.26. The company has a quick ratio of 0.04, a current ratio of 0.23 and a debt-to-equity ratio of 77.35. The stock has a market cap of C$3.34 billion, a P/E ratio of -75.31, a P/E/G ratio of 1.24 and a beta of 0.53. Boardwalk Real Estate Investment Trust has a twelve month low of C$60.75 and a twelve month high of C$72.71.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company’s cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT’s total residential suites.